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Greater Portland Transit District·Maine

Bond Counsel Services

Closes 6/8/2026$750k – $2.5MRequest for ProposalForecast
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Description

Greater Portland Transit District (GPM) is seeking a qualified law firm to serve as its Bond Counsel for a five‑year term (with two optional one‑year extensions). The counsel will draft board‑approval language, provide legal opinions, prepare and execute financing documents, file required tax and reporting forms, and act as an ongoing legal advisor on municipal bond and transit‑funding matters. The contract is a retainer‑type engagement with pricing to be proposed by respondents. • Draft and review all bond‑related documentation (offering statements, indentures, trust agreements, etc.). • Provide legal opinions and ensure compliance with federal, state, and local regulations governing transit‑agency financing. • Offer advisory services to the Finance Director on financing options, administration of existing bonds, and any new issuance requirements. • Must possess experience with municipal tax‑exempt financing, FTA regulations, and related compliance (Buy America, DBE, lobbying, etc.). • Submit a full proposal including firm experience, attorney bios, references, and a fee proposal for the entire contract term.

Attached files

Contact

Frank Suszczynski(Procurement Manager)

[email protected]

(207) 774-0351

Key dates

Opened
11/5/2026
Questions due
5/19/2026
Closes
6/8/2026
Projected award
6/1/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Legal Services
NAICS
541110
Solicitation №
RFP 2026-007

Budget estimate

$750,000 – $2,500,000

The solicitation does not disclose a contract value. Typical municipal bond counsel engagements for a transit agency of this size range from $150,000 to $500,000 per year, depending on transaction volume and complexity. Assuming an average annual fee of $300,000 over a five‑year base term (with potential extensions), the total budget could be roughly $750,000 to $2,500,000. Factors influencing the range include the number of bond issuances, the scope of advisory services, and any additional litigation or compliance work required.

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